Category: Investments

SBR market to grow by US$8.2bn by 2026

Styrene butadiene rubber (SBR) derivatives are of great use in automotive and industrial applications. It is estimated that the SBR market, from a moderate CAGR growth of 4.3%,will value at over US$8.2 billion by 2026. Robust growth in the global…

Toyoda Gosei invests in robotics service provider

Japanese maker of rubber and plastics automotive parts Toyoda Gosei Co. has invested1 in QBIT Robotics Corporation (Tokyo, Japan), a provider of robotics services, to accelerate development of a practical robot hand with tactile sense using e-Rubber sensors. The investment…

Marangoni GRP adds Chennai Ringtread franchisee

Indo-Italian JV Marangoni GRP (MGPL) has introduced a new entrant into the commercialtyre retreading business with Ringtread franchise eXtramiles in Chennai, India. Giuseppe Marangoni, Vice President of Marangoni Group, and Harsh Gandhi, Joint Managing Director of GRP inaugurated the franchisee…

Forestry equipment tyre market on a roll

Increasing demand for wood and wood products, coupled with the shift towards automation in forestry operation to increase efficiency and output, is expected to lead a robust growth for the market in the coming forecast period. It is expected to…